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Best Airbnb Markets in Panama (2026)

Based on Airbtics data from September 2025 to August 2026, this page ranks the best Airbnb markets in Panama by Market Grade. The grade compares short-term rental yield, year-over-year revenue growth, and occupancy (demand), then adjusts for local regulation. The table also shows listing count, average daily rate, and annual revenue for every market.

Markets on this page are ranked by the Airbtics Market Grade, not by the number of listings. The grade compares each market with the other markets in this ranking on three measures, then adjusts for local short-term rental regulation.

  1. Yield: Annual short-term rental revenue divided by property price. A higher yield ranks higher.
  2. Growth: Year-over-year change in revenue. Faster revenue growth ranks higher.
  3. Demand: Average occupancy rate over the last 12 months. Higher occupancy ranks higher.

Stricter short-term rental regulation lowers the letter grade. Occupancy, average daily rate, and annual revenue are shown for every market. Exact yield and revenue growth are published for the three highest-graded markets. For every other market those two figures are in Market Explorer. The rankboard plots the same markets by occupancy and average daily rate, and the table under the chart lists those values in text.

Learn more about how we collect the data and accuracy

Last updated: 16th October, 2026

Panama Short-Term Rental Market Overview (September 2025 to August 2026)

National averages across all Panama markets
Average Occupancy Rate i
72.00%
Average Annual Revenue i
B/.24,252
Average Daily Rate (ADR) i
B/.90
YoY Supply Growth i
71.94%
YoY Revenue Change i
23.43%

Top Panama Cities for Airbnb in 2026

Tick the markets you like to track their revenue, occupancy, and ADR in your Airbtics watchlist. Free to start, up to 10 markets.

Position Market Grade Market Name Regulation No of Listings Avg. Occupancy Rate Avg. Daily Rate Revenue Short-term Rental Yield Revenue Growth
1BPanama City
Lenient
2,98172% 🚀B/.90B/.24,25212.4%+23.4%

Data Seen By

BiggerPockets
Trustpilot

Market Explorer

Filter markets by occupancy, price, and yield

Filter Panama by occupancy, ADR, yield, rent gap, and property price, then compare markets side by side.

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Find the Best Airbnb Markets with Our Interactive Tool

Use our interactive Market Explorer to find the best places to start an Airbnb in Panama. Compare multiple markets side by side, apply filters like regulations, budget (property or rent prices), and market size, and even export the results to Excel.

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Why Invest in Airbnb Panama in 2026?

The highest-graded short-term rental markets in Panama are Panama City. The table ranks every tracked market by Airbtics Market Grade. Occupancy, average daily rate, annual revenue, yield, and revenue growth are the figures behind that grade.

Top 3 Airbnb markets in Panama by Market Grade

These are the three highest-graded Airbnb markets in Panama. Market Grade compares yield, revenue growth, and occupancy (demand) with the other markets on this page, then adjusts for short-term rental regulation. The chart repeats those three percentiles in text so the ranking is readable without the graphic.

Rank 1 — Panama City (Grade B)

Panama City is rank 1 of 1 markets in this Panama ranking by Airbtics Market Grade B, with 12.4% short-term rental yield, 72.0% occupancy, and +23.4% year-over-year revenue growth.

The market shows an average daily rate of B/.90, annual revenue of B/.24,252, a rent gap of 2478.1%, 2,981 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of B/.250,000.

  • Market gradeB
  • Yield12.4%
  • Revenue growth+23.4%
  • Occupancy72.0%
  • Average daily rateB/.90
  • Annual revenueB/.24,252
  • Rent gap2478.1%
  • Active listings2,981
  • 2-bedroom priceB/.250,000
  • RegulationLenient

Market Rankboard: Panama

Each dot is a vacation rental market in Panama, plotted by occupancy rate (x-axis) and average daily rate (ADR) (y-axis). Dashed lines mark the national median.

Panama Airbnb markets rankboard scatter chart showing occupancy rate versus average daily rate (ADR)
Occupancy rate and average daily rate for each Panama market plotted in the chart above, in Market Grade order.
MarketOccupancy rateAverage daily rate
Panama City72.0%B/.90

Compare property prices, short-term rental yield, rent gap, annual revenue, and supply growth in the Airbtics Market Explorer watchlist.

See all Airbnb markets in Panama

Browse all 1 markets we track in Panama. Each link opens the market's Airbnb revenue and performance data page.

Panama Airbnb market FAQs

  • What are the best Airbnb markets in Panama?

    Airbtics ranks short-term rental markets in Panama by Market Grade. The grade compares yield (annual revenue divided by property price), year-over-year revenue growth, and occupancy, then adjusts for regulation. The highest-graded market in this dataset is Panama City. The main table lists markets in that order; use the Market Explorer to filter by budget, regulations, and more.

  • How many Airbnb markets does Airbtics track in Panama?

    We currently analyze 1 active short-term rental markets in Panama with listing supply, median occupancy, ADR, and revenue estimates.

  • What is the average Airbnb occupancy rate in Panama?

    The national average occupancy rate across tracked markets is 72.00% (LTM). Rates differ by city. Use the rankboard on this page, or open a market page for that city's numbers.

  • How do I compare Airbnb markets in Panama?

    Use the occupancy vs ADR rankboard on this page for a quick view, or open the Market Explorer to compare markets side by side, change chart axes, export to Excel, and save markets to a watchlist.

  • How can I estimate Airbnb income in Panama?

    Use our Airbnb income calculator to estimate revenue for a specific address, or open any market link below for median revenue and occupancy benchmarks.




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For trends, supply, and year-over-year changes, see the 2025 short-term rental report for Panama.